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is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer having less than 171,000 jobs created in a month. that's where we are right now. >> the anticipation was 125,000 job woos would be added. it's so intriguing the dynamics playing out in the northeast with sandy. when we started with a big calendar ticking down the job reports and the one right before the election, there was some analysis this would be big. it's not. >> one thing that's sort of odd and interesting about this is the three states with the worst unemployment levels, california, nevada and new jersey are solidly democratic. the whole republican argument that th
is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer...
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might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the unemployment rate down to 5.2%. today we learned it's 7.9%, that's 9 million jobs short of what he promised. >> speaking in ohio the president highlighted the spike in job creation. >> and today our businesses have created nearly 5.5 million new jobs and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> joining us now, from washington, the man with all the answers, cnbc's amman jabbers. what's your assessment of this jobs report? >> it's definitely a strong jobs report, stronger than expected consensus was ab
might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the...
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unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >> early voters will receive a $5 million donation from donald trump. >> couldn't you want this e -- don't you want this election over with already? >> the homeland security department is responding to a growing crisis in new york and new jersey. massive shortages of fuel hampering recovery efforts and leaving millions of motorists with empty tanks. tom costello is in richfield, new jersey, with details on that temporary fix. >> hi, andrea. we've got a lot going on here. let me just set the stage for you. we're on the jersey turnpike and a lot of cars moving through here at the vince lombardi station, very q
unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >>...
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unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he was going to work across the aisle on the most important issues. listen to this, he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now, how is it that he's fallen so short of what he promised? in part, it's because he has never led before. he had never worked across the aisle before. he never truly understood how jobs are created and the economy. and, of course, today he is now making n
unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than...
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unemployment benefit claims down. worker productivity up. auto sales rising. home builders increasing construction. manufacturing expansion. gains in retail sales. and consumer confidence at the highest level since a year before president obama took office. tomorrow morning at about 8:30 a.m. eastern, we will know if those positive indicators since the last time we got a jobs report mean that we're about to get another good jobs report. if so, that would be very good news for the country. it would also be good news for the president's re-election efforts. if the jobs number is not a good number tomorrow morning, the right will be all over the president for having a bad number. if the number is a good number, the right will not be all over that number. the right will deny that that number is true. if last month's past is prologue. the right and left used to fight about what to do in the country. now the right fights with the whole rest of the country about what is true. >>> remember the long gas lines of the 1970s that were the result of the opec embargo? maybe
unemployment benefit claims down. worker productivity up. auto sales rising. home builders increasing construction. manufacturing expansion. gains in retail sales. and consumer confidence at the highest level since a year before president obama took office. tomorrow morning at about 8:30 a.m. eastern, we will know if those positive indicators since the last time we got a jobs report mean that we're about to get another good jobs report. if so, that would be very good news for the country. it...
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instead, he focused on obama care which killed jobs, crippling unemployment conditions. i know when i'm elected the economy and the american job market will still be stagnant. >> rousing stuff there. joining us is ezra klein of the "washington post." good afternoon. >> good afternoon. >> a jobs report this late into the election isn't likely to sway a significant number of voters, but for the past few months romney has kept losing his talking points. what does he do now? >> well, i mean, he says it remains a bad economy which is not growing fast enough. i would actually give him one of the talking points you took. it's true people rejoined the labor force this month but a lot have dropped out of it since four years ago. the problem with the talking point, the problem with all of romney talking points is the entire economy is not about obama. romney does appear to believe the president has magic definitive powers about -- >> that is the central irony of this man's claim, isn't it? >> a couple years ago when george w. bush is being blamed for a weak economy, nothing like t
instead, he focused on obama care which killed jobs, crippling unemployment conditions. i know when i'm elected the economy and the american job market will still be stagnant. >> rousing stuff there. joining us is ezra klein of the "washington post." good afternoon. >> good afternoon. >> a jobs report this late into the election isn't likely to sway a significant number of voters, but for the past few months romney has kept losing his talking points. what does he do...